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20/03/2012
Kier Achieves Gold In BITC CR Index
Kier has announced that it has achieved Gold in Business in the Community’s (BITC) 2012 Corporate Responsibility Index (CRI), the UK's leading voluntary benchmark of corporate responsibility (CR).
Over a decade of exercising responsible business practices, the 350 organisations in the CRI have demonstrated how implementing and managing a systematic approach to CR can help companies accurately measure, manage and shape their social and environmental performance.
In the last ten years since the CRI launched there have been substantial shifts in how companies integrate responsible business into their operations, along with a growing recognition of the role of business in society and the potential to be a force for good:
•In 2002 only 61% of organisations integrated CR into their overall strategy compared to 90% in 2012
•A 49% increase in companies linking remuneration and bonuses with targets (24% to 73%)
•In 2004 only 65% of companies regularly discussed all main CR areas at board meetings. By 2012 this has risen to 92%
•The quality of reporting CR has increased from 41% in 2004 to 73% in 2012
The CRI helps companies to integrate and improve CR throughout their business operations.
Achieving Gold means that Kier is able to demonstrate openness and transparency through effective public reporting of its material environmental and social issues, programmes and performance. In addition, Gold-banded companies expand and adapt their risk management processes by incorporating relevant aspects of CR risk and opportunity, and their CR strategy is articulated in an effective manner including clear and measurable targets.
Kier Group chief executive Paul Sheffield commented: "I am delighted that Kier has achieved Gold in the 2012 BITC CRI. In 2010 we set a target to achieve 90% (Gold) in three years, but the efforts of our staff have led us to attain this in 2012 – a year ahead of our goal. I am very proud of this achievement, which is testament to our commitment to integrate responsible business practices across our operations."
(CD/GK)
Over a decade of exercising responsible business practices, the 350 organisations in the CRI have demonstrated how implementing and managing a systematic approach to CR can help companies accurately measure, manage and shape their social and environmental performance.
In the last ten years since the CRI launched there have been substantial shifts in how companies integrate responsible business into their operations, along with a growing recognition of the role of business in society and the potential to be a force for good:
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•In 2002 only 61% of organisations integrated CR into their overall strategy compared to 90% in 2012
•A 49% increase in companies linking remuneration and bonuses with targets (24% to 73%)
•In 2004 only 65% of companies regularly discussed all main CR areas at board meetings. By 2012 this has risen to 92%
•The quality of reporting CR has increased from 41% in 2004 to 73% in 2012
The CRI helps companies to integrate and improve CR throughout their business operations.
Achieving Gold means that Kier is able to demonstrate openness and transparency through effective public reporting of its material environmental and social issues, programmes and performance. In addition, Gold-banded companies expand and adapt their risk management processes by incorporating relevant aspects of CR risk and opportunity, and their CR strategy is articulated in an effective manner including clear and measurable targets.
Kier Group chief executive Paul Sheffield commented: "I am delighted that Kier has achieved Gold in the 2012 BITC CRI. In 2010 we set a target to achieve 90% (Gold) in three years, but the efforts of our staff have led us to attain this in 2012 – a year ahead of our goal. I am very proud of this achievement, which is testament to our commitment to integrate responsible business practices across our operations."
(CD/GK)
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